Havas, the Paris-based parent of MPG, Media Contacts, Euro RSCG and others, this morning reported first quarter 2007 revenues of 345 million euros, up from 321 million, with organic growth of 7.4%.
The results, which beat analyst expectations, reflect a "significant increase in growth" across all of Havas' North American operations, which posted an organic increase of 6.0% during the quarter.
"This confirms the positive trend observed throughout 2007, underscores the validity of our business model based on integration with digital at the core and reflects our stronger position in key
market,." Fernando Rodés Vilà, CEO of the Havas Group, said in the statement.
